Regulator admits renewable energy roll-out ‘relatively slow’
Energy regulators yesterday revealed there has been a “relatively slow” take-up of small-scale renewable generation with just 2.1 megawatts (MW) installed to-date.
BISX: We’ll make it cheaper to go public
The Bahamas International Securities Exchange (BISX) will next week issue proposed rules changes designed to “make it cheaper and easier” for companies to go public.
‘Big improvement’ needed on $16m Water Corp debt
The Water & Sewerage Corporation’s main supplier yesterday warned it expects a “significant improvement” in the state-owned utility’s repayment of $16.1m owing to it at end-February 2019.
Ministry of Tourism slammed on beauty queen ‘disrespect’
A 50-year music industry veteran yesterday slammed the Ministry of Tourism’s failure to treat a former Bahamian beauty queen with “fairness, dignity and respect” in their copyright battle.
Transaction costs ‘slowing’ electronic payments switch
The costs associated with settling electronic transactions are “slowing the pace of change” in the Bahamian payments system, the Central Bank’s governor said yesterday.
Exuma testing for digital B$
The Central Bank’s governor yesterday said Exuma will be the first island where a digital Bahamian dollar is tested, unveiling plans to impose a ceiling on the value stored in mobile wallets.
DAVID ALLEN JR: Walk away from WTO in absence of equality
Have you ever been bullied? It is not fun. Bullying usually occurs when someone stronger and larger perceives their target to be weaker and smaller.
Govt seeks to replicate 925kw solar car park
A Cabinet minister yesterday pledged the government will be “aggressive” in going after its renewable energy targets following the $4m unveiling of this nation’s first utility-scale solar project.
Govt agencies ‘must speak to each other’
A Cabinet minister yesterday admitted the inability of government agencies “to speak to one another” is undermining public sector efficiency, branding their planned digital transformation as “essential”.
‘Fill the gaps’ on digital payments
A senior commercial bank official yesterday said “there is a huge opportunity” for start-ups and entrepreneurs to “fill the gaps” created by the switch to electronic payments.
BAMSI teams with tourism for Andros Harvest Festival
The Ministry of Tourism has teamed with the Bahamas Agriculture & Marine Science Institute (BAMSI) to host the first annual Harvest Festival in Morgan’s Bluff, North Andros, on March 30.
Workshop focuses on enhanced construction
Contractors and other construction industry players were yesterday armed with knowledge on how to build homes that can withstand up to category 5 hurricanes.
Oil explorer’s $2.54m is ‘certainty we’ve craved’
A Bahamas-based oil explorer has cemented “the certainty we’ve been craving” with a $2.54m working capital raise that will underpin all activities leading to the drilling of its first well by 2020.
NHI chief: ‘We have work to’ justify model
National Health Insurance’s (NHI) top executive yesterday admitted “we have work to do” to convince the government its “financing model” will not result in multi-million dollar shortfalls.
No ‘one-size fits all’ for enterprises act
The introduction of the Commercial Enterprises Bill faced heavy scrutiny from the Bahamian public, who weighed in on how beneficial the legislation would be to Bahamians as opposed to foreign investors.
